Find Your Ideal
Home & Investment
Find Your Ideal Home
& Investment
Real Estate
Turkey is a vast country, over three times the size of the UK and some 25% larger than France. Straddling between Europe and Asia, with almost 7,000 kilometres of Mediterranean, Aegean and Black Sea, Turkey is home to a unique mosaic of cultures, diverse landscape and dynamic social make up. If you are looking for property overseas, wish to buy a holiday home in the sun, a place to retire or purely real estate investment in an upwardly mobile country, then no search is complete without having a good look at Turkish real estate for sale.
Where to buy a holiday home in Turkey?
With so many lovely resorts and towns to choose from, it is a task in itself to decide where to buy that special villa in Turkey or that sea view apartment, which will be your new home in Turkey and double up for some rental income. According to statistics published by the Turkish real estate agents association, Antalya, Fethiye, Bodrum and Side are the most popular holiday home destinations in Turkey. Properties in Antalya enjoy the proximity of a bustling seaside city with lovely beaches and excellent golf courses of Belek, whereas Kalkan properties provide some of the most dramatic sea views experienced in the entire Mediterranean, not to mention Kalkan's elegant setting and fine dining. Side holiday homes for sale are ideal for families with children, where shallow waters gently touch sandy shores. Real estate in Bodrum on the other hand is your key to Turkey's most sophisticated resort with plenty of sailing and seafront homes in lovely Yalikavak, Turkbuku or Gumusluk. Then we have sun-soaked Fethiye with most affordable villas and flats for sale in Turkey near the most pictured Oludeniz beach.
Looking to retire overseas - where should you buy your retirement home in Turkey?
When considering a permanent move abroad and buying a property for year round living, there are some important factors to take into account. Proximity of amenities, hospitals, schools and a stable local community are some of the elements one would naturally look at. In our dealings with over 10,000 people from all over the world looking at Turkish real estate with a view to permanent living in Turkey, we find that properties in Fethiye, Bodrum and Antalya (including Side and Kemer) are natural favourites for year round living. They all have excellent climates with over 300 days of sunshine, mild winters and the right level of facilities to sustain year round living.
Where to invest in Turkish real estate?
With an average annual GDP growth in excess of 8% for 2010 - 2012 period, Turkey has posted exceptional economic performance compared to the EU zone and indeed to BRICs (Brazil, Russia, India, China). In 2011 and 2012 Turkey's economic expansion was only second to China. IMF estimates that Turkey will yet again outperform most BRICs countries and certainly the entire Euro zone in 2013 - 2017 period with an average annual expansion of 5%+ projected. Turkish real estate industry is currently one of the major growth sectors within Turkey. With a youth population of over 60% of entire 76 million and increasing wealth in the country, domestic demand for the Turkish real estate industry is fast climbing. Turkish real estate agents association estimates that by year 2015 there will be a shortage of around 2 million quality housing in Turkey just to accommodate domestic demand, this is not even counting the booming tourism sector, 6th most visited country in the world in 2011, which also puts a heavy demand on coastal hotel, villa and apartment projects. In 2011, property market in Turkey grew by some 18% compared to year before. Considering that at the same period Greece, Spain and Portugal came close to announcing bankruptcy underlines the viability of owning property in Turkey.
Prime location Istanbul or better to look at prospering Antalya?
From a purely investment viewpoint property for sale in Istanbul deserves a close look, however, one needs to be very selective. There are many offers on the market and not all are viable. We recommend real estate in Istanbul prime locations as opposed to heavily marketed bargain apartments on the outskirts of the city. Naturally, prime locations of Istanbul are expensive, therefore we suggest investors should have a good look at Antalya property market as a viable and exceptional alternative to prime location real estate of Istanbul.
How about rental returns and capital growth?
On the Mediterranean and Aegean coasts of Turkey, your holiday home in Antalya, Fethiye, Kalkan and Bodrum could easily deliver in excess of 6% rental returns after all expenses paid. Considering that the average rental yield in the UK is 4.8%, this is quite a strong return. Coupled with steep capital growth in several years, you could build your very own nest egg in Turkish real estate. Another interesting profile to underline is the beachfront Turkey property segment.
Can you suggest a niche segment of Turkish real estate to keep an eye on?
Keen investors and of course keen sailors alike should keep a solid eye on waterfront properties in Turkey. This is an incredibly lucrative segment of the Turkish real estate market. Compared to France, Spain and Italy, beachfront properties in Turkey come at one third the price tag for comparable villas and apartments. Luxury villas for sale at the seafront in Bodrum, Kalkan, Kas and Fethiye could be purchased from as little as Euro 400,000, whereas a comparable villa in Spain or France would cost no less than Euro 1.3m. This is a huge price gap and we suggest that it is an artificial one. We do not expect prices of beach front properties in France to come down for these are highly desirable homes, however, as more and more people discover the stunning coastline of Turkey, we expect waterfront homes in Turkey to appreciate quite significantly over the next 3-5 years. The number of foreign registered boats and yachts entering Turkish waters have tripled since 2005, clearly indicating that Turkey is becoming a desirable boating destination. Considering the breathtaking beauty of the bays and coves in the Aegean and Mediterranean waters of Turkey, this is not surprising at all.
Having everything in place for year round living in Turkey, this fantastic detached villa is found within an excellent complex boasting a shared swimming pool and landscaped gardens for sitting and spending time outside.
Fethiye
This six bedroom house is nestled within a residential area of Ovacik in Fethiye and is on the market today as completely furnished and ready to move in – just a few minutes away from daily necessities and needed amenities.
Fethiye
This renovated house is tucked away within a residential area of Kayakoy in Fethiye and is on the market as completely furnished and decorated throughout – ready for a family to move in as soon as the purchase is finalised.
Fethiye
Constructed by one of the best developers in Antalya, this luxury-built villa is found within the residential area of Dosemealti and has its own swimming pool and green garden for spending long summery days outside with loved ones.
Antalya
Detached villa nestled within a residential area of Kiziltas in Kalkan, on the market today as completely furnished and decorated throughout – this home would be suitable for those looking to live in Turkey permanently.
Kalkan
Fully furnished and ready for a family to move in immediately, this tremendous villa is located within a residential area of Kalamar in Kalkan and has its own mature landscaped garden with central swimming pool outside.
Kalkan
Close to major landmarks and everything needed on a daily basis, these tremendous flats are found within a residential area of Kartal on the Anatolian side of Istanbul and are offered for sale today at affordable prices.
Istanbul
Looking out towards Buyukcekmece Lake with fantastic views, these spacious villas are nestled within an elite neighbourhood in Istanbul and enjoy their own private landscaped gardens and stunning swimming pools.
Istanbul
Close to transportation for heading out towards the beach and famous hotspots, these fantastic apartments are for sale in Deliktas area of Fethiye and are suitable for buyers looking to relocate with their children.
Fethiye
Nestled in Deliktas area of Fethiye, this affordable project offers high quality apartments for sale and is suitable for year round family living – just a few minutes away from transportation and all daily necessities needed.
Fethiye
Fully completed and with tenants in place, these fantastic apartments rise in Kartal on the Anatolian side of Istanbul and are suitable for investment with rental income available as soon as the purchase has been finalised.
Istanbul
Nestled in a peaceful area of Uzumlu in Fethiye, this tremendous detached villa has its own private landscaped garden and large swimming pool for relaxing outside on a daily basis with lovely views of the green surroundings.
Fethiye
Ready to move in today, these accommodating apartments are found in Umraniye on the Anatolian side of Istanbul and form part of a top project equipped with extensive social facilities and shared spaces for residents.
Istanbul
Rising in Sultanbeyli area of Sancaktepe, these modern apartments are for sale on the Anatolian side of Istanbul and have access to superb facilities including vast landscaped green gardens and swimming pools.
Istanbul
These Pendik apartments have tremendous views heading out towards the Marmara Sea on one side and Aydos Forest on the other side – suitable for buyers looking to live in a peaceful area of Istanbul at an affordable price.
Istanbul
This detached villa is found in a peaceful area of Seydikemer in Fethiye and has access to a large shared swimming pool with just one other home – ideal for those who are looking to escape to the Turkish countryside.
Fethiye
Offering an outdoor swimming pool as well as an indoor swimming pool, this spectacular villa is nestled on the outskirts of Babadag Mountain in Ovacik area of Fethiye and has lovely views heading out towards nature.
Fethiye
Close to the Metro and daily amenities, these spacious apartments rise in Kadikoy on the Anatolian side of Istanbul and have sea views from higher floor units – enquire today to secure yours at the best possible price.
Istanbul
Surrounded by greenery and lush views stretching endlessly, these peaceful apartments rise in a residential neighbourhood in Beylikduzu in Istanbul and are just minutes away from schools and other family necessities.
Istanbul
Built to luxury standards with a host of added extras, these state-of-the-art apartments are found in a residential area of Konyaalti in Antalya region and have access to a range of shared facilities including a pool.
Antalya
Built to excellent standards from top to bottom, this exquisite project is located on the Asian side of Istanbul within the sought after area of Kadikoy and enjoys tremendous sea views from apartments on the higher floors.
Istanbul
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